Reason for long: This zone can be seen as big funds are accumulating orders (power), that is the reason why previous spikes up happened. Now prices are coming back for a second retest. We must wait for confirmation to long together with the big funds.
Stoploss @ Below the zone
__________________________
bb2thetrader
Stoploss @ Below the zone
__________________________
bb2thetrader
Trade active:
Here comes the confirmation on 1hr chart. A pin bar. !
Stoploss below the accumulation zone of course.
Stoploss below the accumulation zone of course.
Comment:
Finally here comes the spike that we have been waiting for....!!!
